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Finance News

Within the Open Access Government Finance News section, you can find a wide variety of information on the changes in the financial sector.

We often explore the development of digital banking and the future of Fintech, along with the World Bank and World Trade Organisations (WTO) stories. You can also find expert opinions on many popular topics within this category along with insights into the financial changes in other countries.

This category also covers poverty and pensions in the UK along with any legal changes to financial law. Up to date articles are available on fiscal policy and trade wars within the sector.

Protection Personal Data information.Internet Technology. Information and cyber security,Technology Services.

Global leaders gather to combat fraud on an international scale

Yesterday, international ministers and industry leaders met at the inaugural Global Fraud Summit to address the escalating threat fraudsters pose worldwide.
Gusrds at 10 Downing Street

All you need to know about the recent UK tax cuts

In a highly anticipated announcement today, Chancellor Jeremy Hunt revealed plans for a 2p cut to National Insurance Contributions (NIC).

Future outlook of emerging market economies

Hadia Choudri, Senior Lecturer (Innovation and Entrepreneurship) at The University of Law Business School, examines the underlying trends of emerging market economies for reaching the ambitious 2030 Agenda.
Postbox in London beneath skyscrapers

Print and post help make London’s pensioners better off

Print and post helped make London’s pensioners better off by over £8 million a year, writes Jason Lusty, Senior Business Development Manager at CFH Docmail Limited.
money pot on brown table

‘Pot for Life’ will this new scheme solve the UK’s pension crisis? 

The UK faces a pension crisis, with state pensions now funded on a pay-as-you-go basis.
Array of piggy banks in saturated colours on high colour contrast background. Illustration of the concept of bank savings, financial investment and multiple sources of income

Anti Money laundering: What the UK’s AML consultation means for compliance professionals

Money laundering is a formidable threat to the UK economy, with an annual cost estimated at £100 billion. To address the problem, the government has unveiled a £400 million three-year Economic Crime Plan, aiming to fill gaps in fraud, anti-money laundering (AML) and more.
Colorful computer code design on a dark surface with a blue glowing digital grid overlay. Defocused, close-up, surface level, diminishing perspective composition.

AI revolutionises the finance industry

Rohan Whitehead from the Institute of Analytics (IoA), walks us through how AI revolutionises the finance industry.
Senior Couple With USA Energy Bill Trying To Keep Warm By Radiator In Cost Of Living Energy Crisis, fuel poverty

Tackling fuel poverty head on: Prioritising a holistic approach this winter

Duncan McCombie, Group Chief Executive Officer at YES Energy Solutions, discusses the challenges many people face during the winter months and the steps his organisation is taking to support them.
Financial rising graph and chart with lines and numbers that illustrate stock market behaviour. Concept of successful trading. Dark blue background. 3d rendering, fiscal year, government spending

FY2023: How to tackle end of Fiscal Year budgeting concerns

The end of the 2023 Fiscal Year (FY2023) is upon us. As Congress looks to create budgets for next year, government entities need to be wary of their spending habits and plan ahead to optimize spending of entrusted budgetary dollars to ensure dollars are spent on the highest priority items.
A three dimensional graph formed from metal sticks and shiny metal multi-coloured spheres, resting and casting a shadow on a pastel multi-coloured background.

7 Ways for a small business to boost their cash flow

Good cash flow is fundamental for businesses to survive and grow. In fact, it’s more important than profit as it supports day-to-day trade whilst also providing a strong foundation for business development.

Entrepreneurship creates jobs, growth and innovation

Dr Padmesh Gupta, Managing Director of Oxford Business College, probes if entrepreneurship plays a vital part in creating jobs, growth and innovation.

Future of payments review: Open banking, fintech competitiveness and public sector payments

The UK's Future of Payments review aims to use open banking and innovation to make public services better and more inclusive.

Rises in core inflation and how this affects UK businesses

Rising core inflation is intensifying the UK's cost of living crisis, straining businesses. The country hasn't witnessed such high inflation since the 1980s, burdening many enterprises.
Great Britain Pound Currency

UK predicted to lead G7 Nations in inflation rate

The UK is set to experience the highest inflation rate among the advanced G7 economies in the current year.
finance

UK’s drive for a fairer international financial system

Foreign Secretary James Cleverly is set to unveil the UK's renewed commitment to a more equitable international financial system at the UN General Assembly (UNGA) 
UK Money in a pot, saving money in the current economic climate

Cutting back on spending during the current economic climate

The cost of living crisis and the current economic climate continue to create severe financial difficulties for many households in the UK. In times of such high inflation and soaring food costs, it is not surprising, therefore, if the consumer purchasing habits change.
food inflation

Increasing food inflation and the impact on supermarkets

Figures from the Office for National Statistics show that UK food inflation in March and April 2023 was the highest in more than 45 years.
basic wage growth

UK basic wage surge sparks inflation concerns

The UK basic wage growth has reached a new record high, posing challenges for the Bank of England (BoE) amid concerns about long-term inflation pressures.
Oil prices

Cost of oil price cap leads to pressure on Putin’s finances

Six months since its initiation, the UK-supported oil price cap on Russian oil and products continues to exert significant pressure on Putin's finances.
Five UK one pound coins placed on a till receipt.

Understanding UK monetary policy: Is a UK recession a reality?

With the cost of living increasing and financial instability becoming the norm, understanding UK monetary policy and the causes of a potential UK recession is becoming more and more important.

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